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Statement of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Aug. 31, 2017
Aug. 31, 2016
Revenue, Net $ 113,470 $ 118,325 $ 228,293 $ 232,225
Cost of Goods Sold 85,049 85,882 169,728 167,809
Gross profit 28,421 32,443 58,565 64,416
Operating expenses:        
Selling 10,652 9,924 23,061 21,306
General and administrative 20,640 18,021 40,837 38,148
Engineering and technical support 7,383 6,609 14,037 14,655
Prepaid expenses and other current assets 23,543   23,543  
Total operating expenses 38,675 34,554 77,935 74,109
Operating income (10,254) (2,111) (19,370) (9,693)
Other (expense) income:        
Interest and bank charges (1,843) (1,729) (3,635) (3,293)
Equity in income of equity investees 1,927 1,545 3,730 3,353
Other, net (7,629) 223 (8,636) (257)
Total other (expense) income, net (6,129) 39 7,125 (197)
Income (loss) before income taxes (16,383) (2,072) (26,495) (9,890)
Income Tax Expense (Benefit) 3,465 (5,543) (3,963) (6,940)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest (19,848) 3,471 (22,532) (2,950)
Net income (loss) 15,083 1,304 10,178 (4,816)
Net Income (Loss) Attributable to Noncontrolling Interest (2,023) (1,716) (3,898) (3,528)
Net income (loss) attributable to Voxx International Corporation 17,106 3,020 14,076 (1,288)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax 20,480 (680) 27,839 3,516
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax (134) (21) (1,186) (512)
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax 1,810 6 1,690 (52)
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax 81 (3) 77 (8)
Other comprehensive income (loss), net of tax 22,237 (698) 28,420 2,944
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $ 39,343 $ 2,322 $ 42,496 $ 1,656
Income (Loss) from Continuing Operations, Per Basic Share $ (0.74) $ 0.21 $ (0.77) $ 0.02
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 1.45 (0.09) 1.35 (0.08)
Income (Loss) from Continuing Operations, Per Diluted Share (0.74) 0.21 (0.77) 0.02
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share $ 1.45 $ (0.09) $ 1.35 $ (0.08)
Weighted Average Number of Shares Outstanding, Basic 24,160,680 24,160,324 24,160,502 24,160,324
Weighted Average Number of Shares Outstanding, Diluted 24,160,680 24,242,447 24,160,502 24,255,341
Discontinued Operation, Tax Effect of Discontinued Operation $ 2,742 $ 3,282 $ 6,107 $ 3,286
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 34,931 (2,167) 32,710 (1,866)
Cost-method Investments, Realized Gain (Loss) $ 1,416 $ 0 $ 1,416 $ 0